trending Market Intelligence /marketintelligence/en/news-insights/trending/ka6ywtcuqhponukwtufbnw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Antamina's zinc production expected to double in 2017

Street Talk Episode 51 - Goldman Talks Libor Transition, Recent SOFR Volatility

ChangePays Although Still Underrepresented Women in the C Suite are Driving Profitability

Cable Nets For Kids Enjoy Wide Carriage On Skinny Bundles

Energy

Power Forecast Briefing: Fleet Transformation, Under-Powered Markets, and Green Energy in 2018


Antamina's zinc production expected to double in 2017

The BHP Billiton Group and Glencore Plc majority-owned Antamina mine in Peru is likely to double zinc output to between 340,000 tonnes and 360,000 tonnes in 2017, Reuters reported Oct. 10, citing the mine's General Manager Abraham Chahuan.

Annual copper output, meanwhile, is expected to increase to 430,000 tonnes in 2016 and 2017, slightly above the 2015 total of 412,000 tonnes.

"There's a lot of talk about how there are greater expectations for the price of zinc, and that's ... going to coincide with our much greater production of zinc next year," Chahuan said at a press conference.

The open-pit operation in Peru's central Andes is expected to tap a layer of zinc veins next year, which would allow the country to exploit potential price hikes as a shortage looms, the official added.

BHP and Glencore each hold a 33.75% stake in the mine, while Teck Resources Ltd. and Mitsubishi Corp. own interests of 22.50% and 10%, respectively.